@sussings2 wrote:
Thanks so much for your time and the excellent explanation!
Just one more question: Do I need to explain why I made an excess contribution beyond saying my earned income was less than I expected?
No. There is no difference between removing an excess and simply changing you mind and having a normal (allowable) contribution returned before the due date. You can remove either one. No need to explain why.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
